Acadia Realty Trust (AKR) FY2021 results: revenue $292 million, up 16.6% on the year
Acadia Realty Trust (AKR) reported revenue of $292 million for fiscal 2021, the year ended 31 December 2021, up 16.6% on the year before. Net income was $24 million, and diluted earnings per share $0.26. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$292 million
+16.6% on the year
FY2014FY2021
Operating margin
10.5%
-45.9% a year earlier
FY2014FY2021
Net income
$24 million
FY2014FY2021
Diluted EPS
$0.26
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
105
104
131
+1.0%
Capital expenditure
40.7
36.6
89.3
+11.2%
Free cash flow
64.3
67.4
42.1
-4.5%
Free cash flow margin
22.0%
26.8%
14.5%
Cash from investing
-199
-101
-411
Cash from financing
91.3
-1.3
274
Depreciation and amortisation
123
147
123
-16.2%
Share-based compensation
12.4
10.9
10.0
+13.9%
Dividends paid
39.5
50.2
93.9
-21.3%
Dividend per share
$0.60
$0.29
$1.13
+106.9%
Diluted shares, weighted
88m
86m
84m
+1.4%
Shares outstanding at period end
89m
86m
87m
+3.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,522
1,441
1,542
+5.6%
Non-controlling interest
628
609
645
+3.1%
Redeemable equity
0.0
n/a
n/a
Debt
1,812
1,708
1,708
+6.1%
Other liabilities
300
373
357
-19.6%
Total liabilities and equity
4,262
4,131
4,252
+3.2%
Intangible assets
109
100
117
+8.5%
Cash and equivalents
17.7
18.7
14.1
-5.1%
Other assets
4,135
4,012
4,121
+3.1%
Total assets
4,262
4,131
4,252
+3.2%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.